These Analysts Raise Their Forecasts On Discover Financial After Strong Q2 Earnings
Discover Financial Services(DFS) Benzinga·2024-07-20 01:57
Loading...Loading...Discover Financial Services DFS reported better-than-expected second-quarter earnings results, after the closing bell on Wednesday.Discover reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income (NII) of $3.524 billion, according to data from Benzinga Pro.Net interest income for the quarter increased by $347 million, or 11% year-over-year, driven by higher average receivables and net interest margin expansion. Net interest ma ...